we offeredspeakerboehner. itis public. $400 billion in health care savings we offered, and $200 billion of additional cuts in domestic spending and a trillion dollars in savings and look at where we started the negotiated process and the speaker, we went more than halfway. >> chris: is the president still willing to adjust the cost of living increase for entitlements, is he still willing to raise the eligibility age for medicare? are those still on the table? >> i will not talk about specifics that may be in the package. it is will report in the discussions with speaker boehner we were willing to entertain the cost of living adjustment. but, the overall package, we put over a trillion dollars including the proposal on cpi. over a trillion dollars, in spending cuts. now, some of the republicans say they don't want revenue. speaker boehner himself said there was $800 million of revenue, simply from closing corporate loopholes an loopholes for the wealthy. surely there is additional revenue we can get from closing loopholes, not rates, that was done -- dealt with at the end of the

to respond to that and also to comments housespeakerboehnerspokeabout the president's attitude toward the republican party. let's watch. >> over the next 22 months, to be the focus of this administration. they attempt to annihilate the republican party. and, let me just say, i do believe that is their goal. to just shove us into the dust bin of history. >> chris: senator corker, do republicans want to gut social security and medicare? does president obama want to destroy the republican party? >> obviously, republicans want to make sure these entitlement programs are here for future generations, right now, for every dollar we spend on the young people, we are spending $4 on seniors. right now, in medicare, the average person pays for 1/3 of the cost of the medicare program, dick durbin, for what it has been worth has been one of those people who is willing to sit down and solve the problem and i congratulate him on that. as far as the president's goal of annihilating the republican party, i will say that i was glad to see that the house was unified behind something recently as it relat

to today's festivities. click on the tab for more. >>> speaker of the housejohnboehnertookpart in a presentation to the president and vice president. >> i am proud to present the flags that flew over this democracy today to president obama and vice president joe biden. and to jow gentlemen i say congratulations and god speed. >> the flags flew above the u.s. capital today. >> ken pritchett mentioned the balls. here is a live look at the military bowl, alicia keys just wrapped up. other stars are expected. usher, katy perry, stevie wonder and waiting to see the president and the first lady. if we see them we will check back in and for sure in 15 minutes. >>> different turn out for a local gun exchange. why some gun owners gave up their fire arms even though there was no money in exchange. >> they made games, icons, but now atari is smiling smiling for bankruptcy. the benefit they hope to gain by admitting financial defeat. [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] mill

means the inside game just sitting down with john mccain andjohnboehnerdoesn'twork so well on these issues. i think he will make aning a aggressive effort to engage the public. he has taken his campaign organization, obama for america, and turned it into an advocacy group called, organizing for action. i think part of the effort is going to be mobilize public support for his agenda. shepard: it's my understanding the vice president will be walking, there is the first lady, michelle obama. ab stod stoddard is with us. reading all the blogs, what will she be wearing. narrate if if you will. >> she is in combination a tom brown dress. she has a different bells on. j. crew and j. crew shoes. this will go to the national arc kifs immediately after she wears it. she looks absolutely smashing. understated but truly elegant. shepard: she has entered the crypt and come down the stairs. she will be announced as we she walks out. first lady will be followed by the president. let's listen as they make the now traditional walk. this is five inaugurations for me and walking down these st